the following account balances at the begining of january wer selected from the general ledger of ocean city manufacturing co.

work in process inventory $0

Raw materials inventory $28,000

Finished goods inventory $40,000

additional data:

1) actual manufacturing overhead for January amounted to $62,000

2) Total direct labor cost for January was $63,000

3) the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $250,000 of direct labor costand $350,000 of manufacturing overhead costs.

4) The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5,200 (800 direct labor hours) and total direct material charges were $14,000.

5) Cost of direct materials placed in production during January totaled $123,000. There were no indirect material requisitions during january.

6) January 31 balance in raw materials inventory was $35,000.

7) finished goods inventory balance on January 31 was $34,500.

what is the cost of good manufactured for january? show work for Points!